Is 34234, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 34234 was a Seller's Market.
Key Takeaway
34234 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 34234, FL
How much do homes in 34234, FL cost?
Median Sold Price
$283,750
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 34234 have sold for 17.8% less than they did a year ago.
Summary: The median home sold price in 34234 was $283,750 in March 2024, down 17.8% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350K | $110K | -68.6% |
| 2 Bedrooms | $275K | $233.5K | -15.1% |
| 3 Bedrooms | $370K | $340K | -8.1% |
| 4 Bedrooms | $442.5K | $392.4K | -11.3% |
| 5+ Bedrooms | $1.1M | $1.0M | -8.7% |
Summary: 34234 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 68.6%, 2 bedroom homes decreased by 15.1%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes decreased by 8.7%.
Housing Supply in 34234, FL
How many homes are available in 34234, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 159 | 179 | +12.6% |
Summary: The 34234 real estate market had 179 homes for sale in March 2024, a 12.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 66 | 78 | +18.2% |
| 3 Bedrooms | 63 | 65 | +3.2% |
| 4 Bedrooms | 18 | 21 | +16.7% |
| 5+ Bedrooms | 8 | 12 | +50.0% |
Summary: The 34234 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 22 | 25 | +13.6% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34234, you may be able to get a good deal. 56% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in 34234 in March 2024, up by 13.6% month-over-month. Of the 25 sold homes, 56% were sold under asking, 32% were sold at asking, and 12% were sold over asking.
Days on Market for 34234, FL
How long does it take to sell a home in 34234, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 51 Days | 42 Days | -17.6% |
Summary: Homes in 34234 had an average of 42 days on market in Mar 2024, down by 17.6% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 34234 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 25 homes were sold in 34234; 60% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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